Nothing astonishing and nothing surnatural : he just nearly did the theorical top as wave 1 (at 9321 theorically sorry no chart I'm fed up of taking screenshot) on weekly scale so we should now consolidate hee hee.
I know people who are short and still buying inverse funds like RYTPX. Every day like today they get their balls squeezed a little more and yet they still short into uptrends. Fuckin' unbelievable. Maybe this uptrend will end tomorrow, maybe next year. In the meantime why put your nuts in a wringer day after day. Trade the trend for Christ's sakes and enjoy the ride while it lasts.
Yeah. People are freakin unbelievable. I shorted heavily on Friday. And today I went LONG! VERY LONG today! You gotta be flexible when you daytrade! Everyday is different day. Treat it that way and you'll make a killing in daytrading. Swing trading is different. So is position trading. But when you daytrade you gotta focus. ROFL!!! 99
On my model above 9258 this is no more a bear market rallye on scale 4 (monthly) but the volatility is usualy about 250 points around that level so there can still be a doubt and in fact there is another point far above (I don't remember exactly but it must be above 9900) that can still stop the long term bulls.
We are even following a weekly path that is predicted since 12/06/03: I mean this is well in advance that the market had predetermined its path. I made a market alert that day in fact (but yahoo groups said my email was bouncing and refused the post so Ijust gave up sorry for people on mymailing I will change the system as soon as possible): <IMG SRC=http://harrytrader.membres.jexiste.org/market/market_alert_130603.gif> You can see a straight line up to 9441: this is the impulse wave 1 on this scale and I just gave intermediate targets during the previous days. For example I said consolidation at 9236 because we were approaching the first top you can see at 9263 (and because after daily calculation update there was a red wave 3 at 9240 on lower scale). And I said bullish (I said Bulls not dead and expect retest of the high) after Friday close because you can see there was a minimum at 9072 and since the market made a low of 9074 a friday this was just a good potential turning point. As you can see the future points impact the present: this is what I called Feynman-like effect because it is the name in Quantum Mechanics of a strange phenomena of particles that also somehow read in the future hee hee !
12/06/03 hasn't happened yet maybe you haven't slept for 6 months but that doesn't mean it's december for everyone time to go back into rehab, harry...i think that most of us have noticed a slow, steady deterioration of your mental state over the past 4-6 weeks. i am guessing that you have between 40 and 60 empty glue bottles hidden in your closet, and maybe some open sores, yes? you'll feel all better and then you can come back and tackle the markets.
whoa.....some breathing room......talk about that 800 lb ape on my back.... tune of the day..."beautiful world" by Cold Play...very nice tune
WOW freaky...both about some much needed breathing room and i'm listening to that CD right now too... personally i like shiver the best...